A REVIEW OF THE BUSINESS FACILITATION (MISCELLANEOUS PROVISIONS) ACT 2023

INTRODUCTION

The Business Facilitation Act (“Act”) was signed into law by President Muhammad Buhari on Wednesday, February 8, 2023 as a legislation geared to ensure a business-friendly and inclusive environment as well as limit bureaucratic bottlenecks in Ministries, Department and other Agencies. The Act establishes a framework for the ease of doing business, ensure transparency, efficiency and productivity in Nigeria and related matters.

 

This briefing note systematically considers the provisions of the Act with a view to assessing its operationality. We have highlighted some of the key provisions of the Act.

 

  

Please do not treat the foregoing as legal advice as it only represents the public commentary views of the authors. All enquiries on this Brief should please be directed at: 

Oyeyemi Oke

Partner
oyeyemi.oke@ao2law.com

Michael Ejiofor

Associate
michael.ejiofor@ao2law.com

Jessica Olele
Associate
jessica.olele@ao2law.com

Olajide Akibu

Associate
olajide.akibu@ao2law.com

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